{"id":965322,"date":"2026-05-20T09:41:22","date_gmt":"2026-05-20T13:41:22","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/upwk-investor-alert-levi-korsinsky-investigates-upwork-inc-upwk-for-potential-securities-fraud\/"},"modified":"2026-05-20T09:41:22","modified_gmt":"2026-05-20T13:41:22","slug":"upwk-investor-alert-levi-korsinsky-investigates-upwork-inc-upwk-for-potential-securities-fraud","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/upwk-investor-alert-levi-korsinsky-investigates-upwork-inc-upwk-for-potential-securities-fraud\/","title":{"rendered":"UPWK Investor Alert: Levi &amp; Korsinsky Investigates Upwork Inc. (UPWK) for Potential Securities Fraud"},"content":{"rendered":"<div class=\"xn-newslines\">\n<p class=\"xn-distributor\">PR Newswire<\/p>\n<\/p><\/div>\n<div class=\"xn-content\">\n<p>\n        <i> Upwork Inc. stock fell 19% after Q1 2026 earnings miss and lowered guidance &#8212; investors who purchased UPWK shares and suffered losses are encouraged to contact Levi &amp; Korsinsky. <\/i>\n      <\/p>\n<p>\n        <span class=\"legendSpanClass\">NEW YORK<\/span>, <span class=\"legendSpanClass\">May 20, 2026<\/span> \/PRNewswire\/ &#8212; Upwork Inc. (NASDAQ: UPWK) shareholders lost up to 19% of their investment value after the Company reported Q1 2026 results that missed expectations and slashed its prior growth outlook. Investors who suffered a loss on their UPWK holdings are encouraged to <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4692335-7&amp;h=3237836078&amp;u=https%3A%2F%2Fzlk.com%2Fcases%2Fupwork-inc-lawsuit-submission-form%3Fprid%3D186297%26wire%3D4&amp;a=+submit+their+information+to+Levi+%26+Korsinsky+\" target=\"_blank\" rel=\"nofollow\"> submit their information to Levi &amp; Korsinsky <\/a> . You may also contact Joseph E. Levi, Esq. via email at <a href=\"mailto:jlevi@levikorsinsky.com\" target=\"_blank\" rel=\"nofollow\"> jlevi@levikorsinsky.com <\/a> \u00a0or by telephone at (212) 363-7500.<\/p>\n<div class=\"PRN_ImbeddedAssetReference\" id=\"DivAssetPlaceHolder1\">\n<p>\n          <a href=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.html\" target=\"_blank\" rel=\"nofollow\"><br \/>\n            <img decoding=\"async\" src=\"https:\/\/mma.prnewswire.com\/media\/2280334\/Levi_and_Korsinsky_Logo.jpg\" title=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" alt=\"Levi &amp; Korsinsky, LLP (PRNewsfoto\/Levi &amp; Korsinsky, LLP)\" \/><br \/>\n          <\/a>\n        <\/p>\n<\/p><\/div>\n<p>Levi &amp; Korsinsky is investigating whether Upwork Inc. may have made materially misleading statements about the Company&#8217;s financial performance and growth trajectory. During the Q4 2025 earnings call on February 9, 2026, CEO Hayden Brown stated that revenue growth was &#8220;2.4%&#8221; and adjusted EBITDA margin was &#8220;29%&#8221; for the full year, and guided for &#8220;6%-8% revenue growth&#8221; in 2026.\u00a0 Within weeks, the Company cut its Q2 2026 guidance and revised revenue expectations downward.<\/p>\n<p>On the same call, management stated the Company &#8220;embedded more AI functionality in the Marketplace&#8221; and estimated these &#8220;improvements contributed $100 million in incremental GSV in 2025&#8221; and &#8220;GSV from AI-related work surpassed $300 million on an annualized basis in Q4, up more than 50% from the prior year.&#8221; When Q1 2026 results revealed the gap between prior statements and actual performance, UPWK shares fell 19%.<\/p>\n<p>Shareholders who lost money on Upwork are encouraged to <a href=\"https:\/\/edge.prnewswire.com\/c\/link\/?t=0&amp;l=en&amp;o=4692335-7&amp;h=2554116598&amp;u=https%3A%2F%2Fzlk.com%2Fcases%2Fupwork-inc-lawsuit-submission-form%3Fprid%3D186297%26wire%3D4&amp;a=+click+here+to+discuss+their+legal+rights+with+Levi+%26+Korsinsky+\" target=\"_blank\" rel=\"nofollow\"> click here to discuss their legal rights with Levi &amp; Korsinsky <\/a> . You may also contact Joseph E. Levi, Esq. via email at <a href=\"mailto:jlevi@levikorsinsky.com\" target=\"_blank\" rel=\"nofollow\"> jlevi@levikorsinsky.com <\/a> \u00a0or by telephone at (212) 363-7500.<\/p>\n<p>ABOUT LEVI &amp; KORSINSKY, LLP &#8212; Over the past 20 years, Levi &amp; Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders. The firm has extensive expertise in complex securities litigation and a team of over 70 employees. For seven consecutive years, Levi &amp; Korsinsky has ranked in ISS Securities Class Action Services&#8217; Top 50 Report.<\/p>\n<p>Frequently Asked Questions About the UPWK Investigation<\/p>\n<p>\n        <b> Q: What is the UPWK securities <span>fraud<\/span> investigation about? <\/b> \u00a0A: A securities <span>fraud<\/span> investigation has been initiated concerning Upwork Inc. (NASDAQ: UPWK) regarding potentially materially false and misleading statements about the Company&#8217;s revenue growth, adjusted EBITDA margins, and AI-related gross services volume. Shares fell approximately 19% after the Company&#8217;s actual results diverged from prior public statements, causing significant losses for shareholders.<\/p>\n<p>\n        <b> Q: Who is eligible to participate in the UPWK investigation? <\/b> \u00a0A: Investors who purchased UPWK stock or securities and suffered financial losses may be eligible. Eligibility is based on purchase date and documented losses &#8212; not on whether you still hold the shares.<\/p>\n<p>\n        <b> Q: What do UPWK investors need to do right now? <\/b> \u00a0A: Gather brokerage records including purchase dates, share quantities, and prices paid. Contact Levi &amp; Korsinsky for a free, no-obligation evaluation at <a href=\"mailto:jlevi@levikorsinsky.com\" target=\"_blank\" rel=\"nofollow\"> jlevi@levikorsinsky.com <\/a> \u00a0or (212) 363-7500. No immediate action is required to remain eligible to participate in the investigation.<\/p>\n<p>\n        <b> Q: What if I already sold my UPWK shares &#8212; can I still recover losses? <\/b> \u00a0A: Yes. Eligibility is based on when you purchased, not whether you still hold the shares. Investors who bought UPWK and sold at a loss may still participate in the investigation.<\/p>\n<p>\n        <b> Q: What does it cost me to participate? <\/b> \u00a0A: Nothing. Securities investigations are handled on a pure contingency basis. No upfront fees, no retainer, no out-of-pocket costs.<\/p>\n<p>\n        <b> Q: What if my UPWK losses are small &#8212; is it still worth contacting a lawyer? <\/b> \u00a0A: Yes. There is no minimum loss amount required to participate in the investigation.<\/p>\n<p>CONTACT:<\/p>\n<p>Levi &amp; Korsinsky, LLP<\/p>\n<p>Joseph E. Levi, Esq.<\/p>\n<p>Ed Korsinsky, Esq.<\/p>\n<p>33 Whitehall Street, 27th Floor<\/p>\n<p>New York, NY 10004<\/p>\n<p>\n        <a href=\"mailto:jlevi@levikorsinsky.com\" target=\"_blank\" rel=\"nofollow\"> jlevi@levikorsinsky.com\u00a0<\/a>\n      <\/p>\n<p>Tel: (212) 363-7500<\/p>\n<p>Fax: (212) 363-7171<\/p>\n<p id=\"PURL\">\n        <img loading=\"lazy\" decoding=\"async\" title=\"Cision\" width=\"12\" height=\"12\" alt=\"Cision\" src=\"https:\/\/edge.prnewswire.com\/c\/img\/favicon.png?sn=NY63410&amp;sd=2026-05-20\" \/> View original content to download multimedia:<a id=\"PRNURL\" rel=\"nofollow\" href=\"https:\/\/www.prnewswire.com\/news-releases\/upwk-investor-alert-levi--korsinsky-investigates-upwork-inc-upwk-for-potential-securities-fraud-302777220.html\" target=\"_blank\">https:\/\/www.prnewswire.com\/news-releases\/upwk-investor-alert-levi&#8211;korsinsky-investigates-upwork-inc-upwk-for-potential-securities-fraud-302777220.html<\/a><\/p>\n<p>SOURCE Levi &amp; Korsinsky, LLP<\/p>\n<\/p><\/div>\n<p>    <img decoding=\"async\" alt=\"\" src=\"https:\/\/rt.prnewswire.com\/rt.gif?NewsItemId=NY63410&amp;Transmission_Id=202605200900PR_NEWS_USPR_____NY63410&amp;DateId=20260520\" style=\"border:0px;width:1px;height:1px\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PR Newswire Upwork Inc. stock fell 19% after Q1 2026 earnings miss and lowered guidance &#8212; investors who purchased UPWK shares and suffered losses are encouraged to contact Levi &amp; Korsinsky. NEW YORK, May 20, 2026 \/PRNewswire\/ &#8212; Upwork Inc. (NASDAQ: UPWK) shareholders lost up to 19% of their investment value after the Company reported Q1 2026 results that missed expectations and slashed its prior growth outlook. Investors who suffered a loss on their UPWK holdings are encouraged to submit their information to Levi &amp; Korsinsky . You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com \u00a0or by telephone at (212) 363-7500. Levi &amp; Korsinsky is investigating whether Upwork Inc. may have made materially misleading statements about &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/upwk-investor-alert-levi-korsinsky-investigates-upwork-inc-upwk-for-potential-securities-fraud\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;UPWK Investor Alert: Levi &amp; Korsinsky Investigates Upwork Inc. (UPWK) for Potential Securities Fraud&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-965322","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>UPWK Investor Alert: Levi &amp; Korsinsky Investigates Upwork Inc. (UPWK) for Potential Securities Fraud - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/upwk-investor-alert-levi-korsinsky-investigates-upwork-inc-upwk-for-potential-securities-fraud\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UPWK Investor Alert: Levi &amp; Korsinsky Investigates Upwork Inc. (UPWK) for Potential Securities Fraud - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PR Newswire Upwork Inc. stock fell 19% after Q1 2026 earnings miss and lowered guidance &#8212; investors who purchased UPWK shares and suffered losses are encouraged to contact Levi &amp; Korsinsky. NEW YORK, May 20, 2026 \/PRNewswire\/ &#8212; Upwork Inc. (NASDAQ: UPWK) shareholders lost up to 19% of their investment value after the Company reported Q1 2026 results that missed expectations and slashed its prior growth outlook. Investors who suffered a loss on their UPWK holdings are encouraged to submit their information to Levi &amp; Korsinsky . You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com \u00a0or by telephone at (212) 363-7500. Levi &amp; Korsinsky is investigating whether Upwork Inc. may have made materially misleading statements about &hellip; Continue reading &quot;UPWK Investor Alert: Levi &amp; Korsinsky Investigates Upwork Inc. 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(NASDAQ: UPWK) shareholders lost up to 19% of their investment value after the Company reported Q1 2026 results that missed expectations and slashed its prior growth outlook. Investors who suffered a loss on their UPWK holdings are encouraged to submit their information to Levi &amp; Korsinsky . You may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com \u00a0or by telephone at (212) 363-7500. Levi &amp; Korsinsky is investigating whether Upwork Inc. may have made materially misleading statements about &hellip; Continue reading \"UPWK Investor Alert: Levi &amp; Korsinsky Investigates Upwork Inc. 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